Friday, March 10, 2006

4 cargo airlines wait in wings

Mumbai: Shreyas Shipping, First Flight, TNT India and Flyington drawing up air cargo plans. At least four new cargo airlines are waiting to take wing.
The list includes Shreyas Shipping & Logistics, First Flight Couriers, TNT India and Flyington Freighters, a venture floated by media company Deccan Chronicle in association with a commercial pilot.
At present, Blue Dart Aviation is the only dedicated freighter in the country. The Mumbai-based coastal shipping company Shreyas Shipping & Logistics is planning to acquire freighters to move bulk cargo domestically. Shreyas Shipping Executive Director Anil Devli confirmed that the company was looking at options of acquiring cargo aircraft.
International aerospace major BAE Systems’ arm BAE Systems Regional Aircraft recently signed long-term leases with courier company First Flight Couriers Private Ltd (FFCL) for three ATP freighters, which will be used by the company to start its own freighter operations. Integrated logistics and express company TNT India, a wholly owned subsidiary of Dutch integrated distribution company TNT NV, also plans to induct dedicated freighters to India. 10/03/06 P R Sanjai /Business Standard
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